menu
Global Power Management ICs Market Restraints
Power Management ICs Market

The growing popularity of portable devices is driving up demand for PMICs. Smartphones, laptops, and LEDs are the main applications for PMICs. With an increase in sales of these products, PMIC demand rises. PMICs are mainly utilised in smartphones to extend battery life and facilitate quicker and more effective charging. Additionally, PMIC offers power solutions for navigational devices, handheld medical & industrial devices, and media players. PMICs are created for applications based on polymer/Li-ion batteries.

Due to the rising demand for smartphones, it has become necessary to integrate PMICs in order to deliver the proper functionality and performance. Additionally, rising consumer electronics demand for devices like tablets, music players, smartphones, and television is anticipated to fuel Power Management ICs Market expansion over the course of the forecast period.

Read More:

 

https://cmitoc.blogspot.com/2023/02/the-rising-use-of-4g-and-5g-networks-to.html